AI Orders Approaching 900 Trillion Won.. Oracle's Aggressive Investment Strategy

Oracle Corporation, driven by demand for AI cloud infrastructure, reported record revenues for its fiscal fourth quarter and full year 2026. Fourth-quarter revenue rose 21% year-over-year to $19.2 billion, while full-year revenue climbed 17% to $67.4 billion. Strong growth in cloud infrastructure and applications sales, coupled with a backlog of performance obligations that swelled to $638 billion, was fueled by major AI contracts. During fiscal 2026, the company raised approximately $43 billion through debt and $5 billion through equity offerings, and it has announced plans to secure an additional $40 billion in funding next year.

In a recent filing, Oracle disclosed that it eliminated roughly 21,000 jobs—about 13% of its global workforce—over the 2026 fiscal year, citing AI technology adoption and organizational realignment as the key drivers of its restructuring. At the same time, the company unveiled plans to invest around $70 billion in data centers and AI infrastructure over the next 12 months, funding which it intends to raise through a combination of additional debt and equity. These capital plans have raised short-term concerns among investors about increased borrowing and cash burn.

Headquartered in Texas, Oracle is a leading provider of enterprise databases and software. The company has recently reoriented its business around cloud infrastructure, multi-cloud AI databases, and its healthcare IT division, Oracle Health. By securing major AI infrastructure deals with companies such as OpenAI and Meta, Oracle is rapidly expanding its presence in the global cloud and AI infrastructure market, historically dominated by Amazon Web Services and Microsoft.